Cash, crypto or CBDC? Warwick Economics Summit debat with Bank of England, Paul Buitink and more
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Cash, crypto or CBDC? Warwick Economics Summit debat with Bank of England, Paul Buitink and more

50:52 Feb 21, 2025
About this episode
Reinvent Money's host Paul Buitink was asked to join a panel on the future of cash at the Warwick Economics Summit, organized for 25 years in a row by and for the students of The University of Warwick.The panel was hosted by a student. Other participants were:John Howells, CEO of Link, Britain's ATM networkNick McLaren, Head of the Future of Money Division at the Bank of EnglandNicolas Cary, co-founder and Vice-Chairman of Blockchain.comThe panelists discussed the future of cash, the viability and desirability of central bank digital currencies (CBDC), stable coins and bitcoin. Paul stressed the weak setup of the euro and why freedom of choice in money is paramount.Follow Paul Buitink on X at @paulbuitinkTimestamps:0:00 Intro and opening statements6:27 History of money10:16 Revolution in money12:17 Perspective of the Bank of England on cash, stable coins and CBDC18:31 The importance and controverse of cash24:50 Why the euro is unsustainable and we need monetary freedom of choice26:33 Be careful with CBDC30:44 Can the euro be saved?33:03 The singleness of money and stable-coins44:30 Final round of questions
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